A U.S. appeals court on Monday threwout a jury's finding that Bank of America Corp wasliable for mortgage fraud leading up to the 2008 financialcrisis, voiding a $1.27 billion penalty and dealing the U.S.Department of Justice a major setback.
Read more: http://snapzu.com/TNY/bank-of-america-127-bln-us-mortgage-penalty-is-voided
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